Borrowed Funds (Tables)

9 Months Ended

Sep. 30, 2013

Borrowed Funds

Schedule of borrowings from the FHLB

Borrowings from the FHLB were as follows: (dollars in thousands)	Sept 30 2013		Dec 31 2012
Fixed interest rate note, originating April 1999, due April 2014, interest of 5.41% is payable monthly.	$	1,000	$	1,000
Fixed interest rate note, originating January 2005, due January 2020, interest of 5.14% is payable in monthly installments of $11.	—		763
Fixed interest rate note, originating April 2002, due May 2017, interest of 5.90% is payable monthly.	602		615
Fixed interest rate note, originating July 2006, due July 2016, interest of 4.50% is payable in monthly installments of $8.	1,225		1,258
Fixed interest rate note, originating October 2006, due October 2021, interest of 5.20% is payable in monthly installments of $6.	1,030		1,047
Fixed interest rate note, originating February 2007, due February 2022, interest of 5.22% is payable in monthly installments of $5.	865		879
Fixed interest rate note, originating April 2007, due April 2022, interest of 5.18% is payable in monthly installments of $6.	979		995
Floating interest rate note, originating March 2003, interest of 0.25% payable monthly.	45,588		23,065
Fixed interest rate note, originating December 2007, due December 2017, interest of 5.25% is payable in monthly installments of $7.	957		978
Fixed interest rate note originating March 2008, due March 2013, interest of 2.37% payable quarterly.	—		2,000
	$	52,246	$	32,600

Schedule of maturities of borrowings over the next five years

(dollars in thousands)

Year	Amount
2013	$	39
2014	1,161
2015	169
2016	1,246
2017	1,470
Thereafter	48,161
	$	52,246